TEDCHAIN: RESTRUCTURING THE GAMING ECOSYSTEM THROUGH BLOCKCHAIN TECHNOLOGY
The history of the gaming industry started in 1940 by an American nuclear physicist named Edward Condon; he designed a computer that allowed people to play the first game called NIM. After this innovation, further development of games like Odyssey, Nintendo and PlayStation came into existence. The video game market became popular and widely played all around the world.
However, the video game industry has seen itself as a significant contributor to the global entertainment economy, compared to the entertainment industries, Researchers made it known that, marketing in gaming sector has created more value for companies and consumers In the context of video games which are now available on multiple devices like consoles, portables, mobile device and even through multiple channels.
Despite the competitors, the hindrances and problem associated in this sector, I will like to introduce to you TEDCHAIN; a decentralized ecosystem that has come to revolutionize the whole industry by proffering solutions to the problem and most importantly creating its own game and using the best blockchain and smart contract technology to change and make a difference in the gaming ecosystem.
CONCEPT OF TEDCHAIN GAMING SYSTEM
Tedchain Gaming Ecosystem is the decentralized platform developed by TEDCHAIN. This platform will serve as a means to connect game developers, advertisers and publishers from different places of the world. It will also serve as a place where lovers of games can play games and also participate in different tournament.
THE UNIQUENESS OF TEDCHAIN ECOSYSTEM OVER OTHERS
- TED BLOCKCHAIN: The TEDCHAIN is designed with strong smart contract based qualities to allow developers and game publishers to create games with the best quality of gaming experience. However with the use of TED blockchain, the platform will be able to have control over coin mining algorithms, smart contract and also allowing the optimization of the gaming system.
- PEER TO PEER NETWORK: The TEDCHAIN ecosystem passes through a peer-to-peer network, thereby giving the platform the full power to control speed of coin mining algorithms and smart contract syntax. This will help to ease users on the peer-to-peer network.
- COSENSUS PROTOCOL: TEDLAB uses POS based consensus system that is created to reward long term holders within the TEdchain ecosystem. The concept is; the more the amount of coins held then the more the reward. The Tedlab has also developed a novel consensus protocol, based on the best proof-of-stake and proof-of-authority protocols.
- EFFECTIVE COMMUNTICATION: The TEDCHAIN provides an effective and secure means of communicating with the Tedchain wallet while the platform will also be serving as a channel for users that provides data and broadcast signals.
- CONSTANT AND EFFECTIVE VOTING SYSTEM: The platform will also be providing an effective voting system for proper decision making.
- IN-PLATFORM UTILITY TOKEN: Players will be able to exchange tokenized asset in-game for tradable asset, the Tedchain utility token can also be traded on another exchange. Gamers can also sell their tokenized asset on the Ted marketplace or create a platform through the Tedchain smart contract.
Token Symbol: TED
Token Type: Utility
Total Token Supply: 10,000,000,000 TED
Tokens for sale: 1,000,000,000 TED (10%)
Softcap: 3,500,000 USD
Hardcap: 21,500,000 USD
Token Price: 0.01$ — 0.015$
Methods of Payment: BTC, ETH, LTC, BCH, FIAT
Conclusively, Tedchain has come to revolutionize the whole industry but most importantly creating its own game and using the best blockchain and smart contract technology to change the ecosystem.
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